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300 Olive Street

300 Olive Street, Latham, IL 62543
Property in Laenna
Sold Jul 01, 2020
$123,500
$117,325 by Cibm Bank
Mortgage Due Jul 01, 2050
Sold Mar 13, 2008
Transfer
This has been categorized as a residential property type. In total, the area measurement of the land is 14,810 square feet.

Learn more about the property and building on this page. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 300 Olive Street sold most recently in Jun 26, 2020 for a total of $123,500. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,724 in taxes each year. 300 Olive Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $39,450. If we break it down further, the land itself was valued at $5,110. Improvements to the property, however, were assessed at a total of $34,340. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 14,810
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LATHAM ACRES 2ND ADD
  • Land Acres: 0.34
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: 2-653 LOT 28 LATHAM ACRES 2ND ADD TO LATHAM.

Ownership

  • Current Owner : LEWIS CHAD A
  • Previous Owner : SMITH INTER VIVOS TRUST
  • Owner Before Previous Owner: SMITHIRENA TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Warrensburg-Latham Community Unit District 11
  • Census Tract: 953600

Geography

  • District: 02
  • Parcel: 02-652-028-00
  • Lot: 28
  • Municipality: LAENNA
  • Latitude: 39.9679
  • Longitude: -89.1565

    Address

  • Full Address: 300 Olive St
  • Address - House Number: 300
  • Address - Street Name: Olive
  • Address - Suffix Type: St
  • State: IL
  • City Name: Latham
  • Carrier Code: R041
  • 4-Digit Zip Code: 9745
  • Zip Code: 62543

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,724
  • Tax Rate Code Area: 02006

    Appraisal Valuation

  • Standard Deviation: 0.258
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 63
  • Final Value: 151,222
  • High Value: 190,241
  • Low Value: 112,204

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $117,325
  • First Open Lien Mortgage Lender: CIBM BANK
  • First Open Lien Mortgage Recording Date: Jul 01, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $117,325
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2050

    Market Valuation

  • Market Total Value: $118,350
  • Market Land Value: $15,330
  • Market Improvement Value: $103,020

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $39,450
  • Assessed Land Value: $5,110
  • Assessed Improvements Value: $34,340

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 26, 2020
  • Current Sale Recording Date: Jul 01, 2020
  • Current Sale Transaction ID: 11774979350
  • Current Sale Price: $123,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020109785
  • Previous Sale Recording Date: Mar 13, 2008
  • Previous Sale Contract Date: Mar 13, 2008
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CIBM BANK
  • First Mortgage Transaction Date: Jul 01, 2020
  • First Mortgage Loan Amount: $117,325
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Latham



Similar Buildings

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Frequently Asked Questions

What neighborhood is 300 Olive Street located in?
The 300 Olive Street is a located in the neighborhood of Laenna in Latham, Latham.
What is the average sales price for listings in 300 Olive Street?
The average sales price for units in 300 Olive Street is $0 currently.

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